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What are the changes to employer National Insurance in 2025? | Employer's National Insurance Increases for 2025

As widely predicted, the Chancellor announced increases to the rate of National Insurance contributions (NICs) paid by employers in the 2024 autumn budget. The primary rate of secondary Class 1 NICs will increase by 1.2% to 15% (from 13.8%) effective 6 April 2025. The Class 1A and Class 1B employer rates will also increase in line with this change.  

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What does the new Autumn budget mean for farmers? | What is the new inheritance tax on farms?

The Autumn Budget 2024 is hugely significant for the agricultural sector. Farmers are often asset rich but cash poor, meaning in the absence of inheritance tax (IHT) reliefs the next generation would have to break up their farm to meet IHT liabilities. This would then threaten a reduction in available land for food production and so ultimately potentially have an impact on food prices. A number of changes in the Autumn budget negatively affect the farming sector.  

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Understanding the Changes to Stamp Duty Land Tax in the Autumn Budget | How will property sales be affected?

As part of the autumn budget measures, it was announced that the higher rates of Stamp Duty Land Tax (SDLT) on purchases of additional residential properties will increase to 5% (from 3%) for transactions effective on or after 31 October 2024.  

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What are the Capital Gains Tax rates in the autumn budget 2024? | Is Business Asset Disposal Relief changing?

The autumn budget announced that the rates of Capital Gains Tax (CGT) are to be increased with immediate effect. The main rates of CGT that apply to assets other than residential property and carried interest will increase from 10% to 18% (for Income Tax basic rate payers) and from 20% to 24% (for Income Tax higher rate payers). The capital gains tax changes are applicable for disposals made on or after 30 October 2024.  

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Breaking Down The Budget | Insights from the Autumn Budget 2024

Rachel Reeves delivered her first Budget as Chancellor of the Exchequer on 30 October 2024.It was a confident and inspiring presentation by the first female Chancellor of the Exchequer in British history.The Budget aims to deal with the ‘ black hole’ in public finances whilst supporting economic and fiscal stability, increasing investment and rebuilding public services.

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Autumn Budget 2024: What are the Expected Tax Changes for the 2024 Autumn Budget

When is the budget taking Place? There is unlikely to be much to celebrate when Rachel Reeves delivers her first Budget on the 30th of October.   Speculation is rife regarding the likely targets for tax changes and increases. We have listed a few of the more persistent predictions below. But note, these are just predictions, and there will no doubt be “surprises” when the Budget details are released.

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Verify an email from HMRC | How do I know if a message from HMRC is genuine?

How to make sure communications with HMRC are not a scam A few months ago, we posted a blog about the importance of remaining vigilant regarding HMRC Communications. Scammers often disguise themselves as HMRC.

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How much is the Uk State pension? | Check your State Pension age

The state pension age in the UK is the earliest age you can start claiming your state pension. This age depends on when you were born. The state pension age is currently 66 for both men and women but will increase again from 6 May 2026 to 67 for those born on or after April 1960.

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How to claim Corporation Tax Trading loss carry back? | Relief for company tax trading losses

Corporation Tax relief may be available when a company or organisation incurs a trading loss, a loss on the sale or disposal of a capital asset, or property income. The loss may reduce Corporation Tax by offsetting it against other profits or gains from the same accounting period.

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When must you become VAT registered? | Will the VAT threshold go up in 2025?

The taxable turnover threshold for VAT registration is currently £90,000 and has applied since April 2024. This will continue to be the case for 2025.

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Top 5 Tips for Improving Cash Flow: Essential Guide for Business Success

‘Cash flow’ refers to money entering and leaving your company. Not having sufficient cash is one of the most significant factors in companies failing, even when they are trading profitably.

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What is service pupil premium? | How much money do schools get for Service children?

State schools, academies, and free schools in England are eligible for SPP funding. SPP helps schools provide additional support to service children who need it. The current SPP allowance is set at £340 per child.